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New CPP and OAS benefit amounts take effect

New CPP and OAS benefit amounts take effect

CPP benefits to increase by 1.2%

Mental health in women linked to gender pay gap

Mental health in women linked to gender pay gap

The gender pay gap could be impacting women’s mental health, according to a new study by Columbia University’s Mailman School of Public Health. The study…

Canada must let oil prices play out: Poloz

Canada must let oil prices play out: Poloz

The Bank of Canada says overcoming the economic suffering inflicted by the commodity-price shock essentially boils down to one main option: ride it out. In…

Judge denies motion in FedEx same-sex spouse pension case

Judge denies motion in FedEx same-sex spouse pension case

A U.S. District Court judge has denied an attempt by FedEx to throw out a lawsuit around same-sex survivor pension benefits. The lawsuit was filed…

New CPP and OAS benefit amounts take effect

New CPP and OAS benefit amounts take effect

New benefit amounts for the Canada Pension Plan (CPP) and Old Age Security (OAS) came in from January 1, 2016. CPP benefits will increase by…

Mercer acquires CPSG Partners

Mercer acquires CPSG Partners

Mercer has acquired CPSG Partners, a Workday services partner, to meet the demand for cloud-based finance and HR services. The acquisition will expand Mercer’s existing…

Automattic offers benefits of the future

Automattic offers benefits of the future

Technology firms have long been known as leaders in the realms of quirky employee benefits and workplaces of the future – with large companies such as Google, Facebook and Skype springing to mind.…

  • By: Staff
  • January 6, 2016 September 13, 2019
  • 09:35

Towers Watson and Willis complete merger

The merger between Towers Watson and Willis was completed on Jan. 4, with the new business to be known as Willis Towers Watson. A revised merger…

2015 ended on a down note for Canadian pensions

The solvency position of Canadian pension plans were down slightly in 2015, according to the latest Mercer Pension Health Index. The median solvency ratio of…

How much do Canada’s CEOs get paid?

How much do Canada’s CEOs get paid?

The average pay of Canada’s highest-paid CEOs by 12:18pm on Monday, January 4 was $48,636, an amount it takes the average full-time employee the rest…

BoC may cut rates again by mid-year: experts

BoC may cut rates again by mid-year: experts

We could be looking at another rate cut from the Bank of Canada by mid-year, said Douglas Porter, chief economist of BMO Financial Group. Along…

  • By: Staff
  • January 6, 2016 September 13, 2019
  • 09:24
New pension funding rules in Quebec

New pension funding rules in Quebec

Major changes to the rules around the funding of private sector defined benefit pension plans took effect on January 1, 2016 in Quebec. The changes in Bill…

CPPIB to acquire student housing portfolio

CPPIB to acquire student housing portfolio

The Canada Pension Plan Investment Board (CPPIB), GIC and The Scion Group have announced that they have formed a student housing joint venture entity called…

Ontario to do away with sick note requirement for short absences

Ontario will do away with sick note requirements for short absences as part of a larger effort to ease the administrative burden on doctors. The…

  • By: Staff
  • April 24, 2024 April 24, 2024
  • 15:00

Ontario court sides with IBM in pension benefits rectification case

An Ontario Superior Court ruling that allowed IBM Canada Ltd. to retrospectively rectify drafting errors that created unintended additional pension benefits for employees on disability…

Diabetes medications remain leading drug category for eligible claims in 2023: report

In 2023, diabetes medications remained the leading drug category for eligible private insurance claims for the second consecutive year, according to Telus Health’s annual drug…

  • By: Staff
  • April 24, 2024 April 23, 2024
  • 09:00

WISE Trust returns 7.9% in 2023, net assets increase to $4 billion

The Workplace Insurance and Safety Employees Trust generated a net return of 7.9 per cent in 2023, with net assets reaching $4 billion, up from…

  • By: Staff
  • April 23, 2024 April 23, 2024
  • 15:00

Expert panel: How institutional investors are adapting to a post-pandemic global economy

Renowned American businessman and investor Charlie Munger once said, “You have to keep learning if you want to become a great investor. When the world…

Average funded ratio of Canadian DB pension plans up 7% in Q1 2024: report

The funded ratio of the average Canadian defined benefit pension plan, excluding the effect of asset smoothing, reached 124 per cent as at March 31,…

  • By: Staff
  • April 23, 2024 April 22, 2024
  • 09:00